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JP Morgan – one of the largest investment banks on Wall Street – sticks to its previous fair-value target for bitcoin at $38,000, meaning that the asset is currently being…
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates…
JP Morgan CEO Jamie Dimon prepared an annual letter to investors this week, warning of major risks to traditional banking. In his 2022 letter to JP Morgan investors, Jamie Dimon…
Jamie Dimon – CEO of JP Morgan Chase – showed strong support for decentralized finance and blockchain technology in a recent letter to shareholders. His new take appears to be…
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the…
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be…
The world’s second-largest cryptocurrency crossed the $4,700 mark following Bitcoin's rally.
Investors are treating crypto in the same way as stocks and ETFs, the new Bitpanda Pro CEO told Cointelegraph.
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors…
Strategists at the financial institution JPMorgan Chase & Co. argued that the reason behind BTC’s all-time high price is not the launch of the ProShares Bitcoin Strategy ETF. Instead, concerns…